Yatharth Sarode — Associate Consultant
As a result-driven professional with a strong academic background and diversified experience in finance and operations, I bring a unique perspective to the world of Trading Operations. My passion for the field, combined with my expertise, has led to my success in multiple roles throughout my career. I hold an MBA/PGDM in Global Business Operations/Finance from Shri Ram College of Commerce, Delhi University, and a Bachelor of Engineering in Electrical from Mumbai University. Currently, I am working as a Senior Associate in Tower Research Capital.Handling High Frequency Trading(HFT) end to end operations.Previously worked as a Manager at Afrinex Limited, a part of BSE Limited, based in Ebene Cybercity, Mauritius. My role at Afrinex is multifaceted, and I am responsible for the smooth running of day-to-day Trading operations. Some of my key responsibilities include BOD-EOD Process-Matching System (MAPS), BOW Trading Application, Real Time Risk Management System (RTRMS). I am also responsible for SOP Creation and Approval, involved in Depository setup, and setting up the start-to-end ISIN issuing process, including Listing, CFI code, FISN code, and document check of issuers. Prior to my role at Afrinex Limited, I worked as an Equity Operations Associate at Alpha Alternatives Fund Advisors LLP, Parel, Mumbai. My expertise includes collateral management, monitoring real-time utilization of all entities, including our partners, and maintaining adequate margin. I have in-depth knowledge of products such as equities, futures, options, currency derivatives, interest rate futures, bonds, and mutual funds, among others. I am proficient in corporate actions, NAV calculations, reconciliation of trades, cash, positions, expense accounting, and clearing and settlement processes, including PayIn/Payout of funds and securities, STP, and resolving settlement issues by liaising with exchange and custodians. I have also supported client onboarding documentation, fund accounting, compliance reporting for PMS, and resolving various trade breaks within the minimum time to run smooth trading. Furthermore, I have handled the depository functions, stock transfers, and pledge/repledge processes. My passion for the field has led me to continuously work on automating different processes. I have a good understanding of market risk concepts and calculations and am responsible for risk management with the help of customized software, with knowledge of VaR, ELM, and options Greeks.
Stackforce AI infers this person is a Fintech professional specializing in Trading Operations and Risk Management.
Location: Mumbai, Maharashtra, India
Experience: 8 yrs 6 mos
Skills
- Trading Operations
- Risk Management
- Exchange Management
- Trade Operations
Career Highlights
- Expert in High Frequency Trading operations.
- Proficient in risk management and reconciliation processes.
- Strong background in trading system setup and corporate actions.
Work Experience
Qube Research & Technologies
Analyst (6 mos)
Tower Research Capital
Senior Associate (1 yr 11 mos)
AFRINEX Limited
Manager (1 yr 9 mos)
Alpha Alternatives
Associate (3 yrs 3 mos)
Siemens
Summer Intern-Department of Business Administration (1 mo)
TJSB Sahakari Bank Ltd
Winter Intern-International Business Division (0 mo)
CETKing Education Pvt Ltd
Digital Marketing Manager (1 yr)
Education
Master of Business Administration (M.B.A.) at Shri Ram College of Commerce (SRCC)
Bachelor’s Degree at SES's Group Of Institutions Faculty Of Engineering
Junior College at B.N.Bandodkar College Of Science
High School at C.R.M.Oak High School,Kalyan West